Betting markets had a great election. With billions of dollars wagered on who would take the White House, their projections proved closer to the actual result than many opinion polls. Now the operators behind them want the US to wager on almost everything else.
Forget Trump or Harris. Is Billie Eilish going to win album of the year at the Grammys? How many federal government employees are about to lose their jobs? Will mpox be declared a pandemic this year?
All these markets, and hundreds more, were available this week on Kalshi – the platform which, just five weeks before polling day, won approval in a federal appeals court to legally host election betting in the US for the first time.
